Court Upholds CFTC Oversight of Mutual Funds

By

Jamila Trindle

June 25, 2013 11:15 a.m. ET

WASHINGTON—An appeals court delivered a win for commodity regulators and rejected an industry challenge to a new rule requiring mutual-fund companies that trade in gold, oil or other commodities to register with regulators overseeing those markets.

The U.S. Court of Appeals for the District of Columbia Circuit ruled in favor of the Commodity Futures Trading Commission, which argued the agency needs information from the funds in order...